Brazil is projected to generate over half of its annual electricity from renewable energy sources by 2035, according to a forecast. The shift is expected to be driven by government policies, market liberalization efforts, and the development of new energy projects. This transition marks a significant move away from Brazil’s historical reliance on hydropower as the dominant source of renewable energy.

The report highlights that these factors will play a crucial role in diversifying Brazil’s renewable energy portfolio. Hydropower has long been the backbone of Brazil’s power generation, but recent initiatives aim to expand into other renewable sources such as wind and solar energy. Market reforms are anticipated to encourage private investment and competition within the sector, while government-backed policies are expected to provide incentives for clean energy projects. Together, these developments are likely to accelerate Brazil’s progress toward achieving a more balanced and sustainable energy mix by 2035.

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Source: GO-AI-ne1

Date: June 6, 2025